Starting At 40? This Is How You Can Still Build Rs 2-Crore Fund

Starting to invest at the age of 40 can seem daunting, but with strategic planning and disciplined contributions, building a Rs 2 crore fund is achievable. To reach this goal, individuals must understand the importance of both the amount invested and the investment timeline. By leveraging various investment avenues such as mutual funds, stocks, and fixed deposits, one can maximize returns. It's crucial to determine how much can be set aside monthly, factoring in inflation and other financial commitments. A well-structured portfolio that balances risk and returns can greatly enhance the growth potential of the investment. Additionally, seeking professional financial advice can help tailor investment strategies to specific needs and risk appetites. With consistent effort and the right approach, starting at 40 doesn't preclude financial success, but rather sets the stage for a robust financial future.
Originally reported by NDTV Profit. Read original article
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